The markets closed lower with the Dow losing 28 points to 24,754 on a slow trading day before the Christmas holiday. Nasdaq slipped 5 points to 6,959.

On the upside

Future FinTech Group (Nasdaq: FTFT) entered a Technology Development Service Contract with Reits Technology to design and develop a customized Globally Shared Shopping Mall blockchain software system.

Shares of LexinFintech Holdings (Nasdaq: LX) continued to soar.

Home Depot (NYSE: HD) is reportedly in discussions to possibly acquire XPO Logistics (NYSE: XPO).

On the downside

The Food and Drug Administration rejected Agile Therapeutics' (Nasdaq: AGRX) new drug application for the contraceptive patch Twirla.

ChinaCache International Holdings (Nasdaq: CCIH) reported a loss for the first six months of 2017 as revenue dropped.

CalAmp (Nasdaq: CAMP) swung to a profit for the third quarter but the stock price fell.

In the broad market, advancing issues were on par with decliners on the NYSE while decliners outpaced advancers by nearly 4 to 3 on Nasdaq. The broader S&P 500 eased a point to 2,683. Bitcoin plummeted $937 to $14,698.